S&P Futures Nikkei +30 Hang Seng +193
7:30am Futures FTSE -9 Techmark -2 DAX -20 Dow -7 S&P -0.9 Nasdaq -2.5
News Headlines: Lloyds TSB said on Monday that its plan to concentrate on UK financial services will deliver improved performance by the second half of 2004. It said it is aiming for a minimum total capital ratio of 9 percent and that it does not need to sell businesses to meet that goal. Royal Bank of Scotland said it had agreed to buy Irish rival First Active Plc FTA.I for 887 million euros. The 6.2 euro per share offer for First Active, which runs 173 branches in the Republic of Ireland and 90 branches in Northern Ireland, is a 33 percent premium to Friday's closing price. Scottish and Newcastle said it had sold its UK pubs to the private-equity backed Spirit Amber group for 2.51 billion pounds. Scottish & Southern Energy said it had agreed to buy out its partners in Medway Power Ltd for 89.8 million pounds in cash. Smiths Group British aerospace said it had been picked by Lockheed Martin Aeronautics to supply cable assemblies in a contract potentially worth over $500 million. The contract marks an increase to the firm's work for the F-35 Joint Strike Fighter programme.   United Kingdom Calendar (F)inals (I)nterim    United States  (GMT)   Europe & World (GMT) Mon 6th Oct Reporting Company Updates Financial Data HIT Entertainment (F) PBT 39.5m exp.Lloyds TSB Strategy Update 10.30 UK Sep NTC, Deloitte &REC Report on Jobs     11.00 EMU July Retail Trade m/m 0.5% Good Trading!      david@FTSEDOW.com     www.FTSEDOW.com Pivot Calculator

Long Granada, Marks

Mega Bucks,
my rtr chart looks like its in a down trend notwithstanding
the spike on Friday.
Resistance at 235, I reckon.

Another example today of how important it is to view the 2 day intraday
chart!

Really paid for itself today  :-)

snoball,

i should of made my self clear i am looking to short rtr all my other's are longs....:-)

well spotted least you are on the ball and do your home work...

Mega...

Hi megaBucks...

Watched rtr all day...just stayed weak all day...personally sold out friday to use funds for others...

Decided to short sage as Dow should start to run out of steam this week i would expect...though at the moment it's not...


Jules99.

Spread bet shorted it at 230.9 Mega Bucks.
I'll be watching the 40 ma though.

j99 & snoball

over the last 6 months rtr has been my best stock this year so far,have played it both ways long and short and made a lot of money on it:-)still have not made the committment yet but looking to go short again...in the morning:-)

hope you are well..snoball you have mam email j99 are you going to activate yours...

Mega...dyor nag etc etc

Crest to offer first figures on short-selling
By Caroline Merrell



CREST, the UK settlement company, yesterday launched a service to provide figures on short-selling the practice of selling shares not directly held by the investor among the shares of the UKs biggest companies.
The service was established after a regulatory investigation into short-selling by the Financial Services Authority (FSA), the chief City regulator.

Despite pressure to curb short-selling, the FSA decided that greater transparency would suffice. The service will provide details of stock lending of shares in the UKs biggest companies, but will not name the institutions carrying out the lending.

A spokesman for Crest yesterday said that the figures would indicate the levels of short-selling of shares in a particular company, but that the stock-lending figures would also include share trades that could not be defined as short-selling.

The call for a clampdown on short-selling came last year as the UK stock market reached new lows.

Companies were concerned that their shares were being punished unduly by investors who were short-selling in an attempt to profit from the short-term movement of prices.

The new service will cover the companies in the FTSE 350 as well as Irish companies with equivalent market capitalisation. Data will be provided on a daily and monthly basis, five days in arrears.

The service promises to clarify unexplained volatility in shares in the UKs leading companies.

Information is to be provided free for the first three weeks of October.

I like that 2 day 1 minute chart Crocodile.
Can't seem to get it on the MAM charts though.

snoball
Capture it from GNI then put into Corel Draw to add Text and lines. Then upload it to www.ftsedow.com, then post the thread!
phewwwwww
D.